Bank of New York Mellon (BK) NewsBite - One of Today's Top Gainers So Far
Thu. October 09, 2008; Posted: 03:45 PM
Oct 09, 2008 (Fresh Brewed Media via COMTEX) --
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PowerRating -- Bank of New York Mellon (BK) leads the list of top gainers so far today and is now at $25.28, up $0.85 (3.48%) on volume of 11,546,805 shares traded. Over the last 52 weeks the stock has ranged from a low of $20.49 to a high of $50.26. Bank of New York Mellon stock has been showing support around $14.95 and resistance in the $35.53 range. Technical indicators for the stock are neutral and S&P gives BK a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on BK the stock seems like it could be a candidate for an October out-of-the-money bull-put credit spread below the 20 range.
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For full details on The Bank of New York Mellon Corporation (BK)
click here. The Bank of New York Mellon Corporation (BK) has Short Term PowerRatings of 4. Details on The Bank of New York Mellon Corporation (BK) Short Term PowerRatings is available at
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